Land Lease, Mobile Home, and Manufactured Housing Communities
At Icard Merrill, our mobile home and manufactured housing law department is equally knowledgeable in all aspects of the industry and has extensive experience in the representation of clients in the purchase, sale, operation, and financing of land lease (where the land — rather than any buildings or structures — is leased), mobile home, and manufactured housing communities.
Along with legal representation and consultation on transactional matters, such as negotiation, review, and preparation of land leases, our attorneys are also highly practiced in administering and advocating on behalf of our land lease, mobile home, and manufactured housing law clients before state courts and local agencies. Our collaborative approach ensures that these clients receive the full spectrum of representation, including tax and land use advice from those experienced departments in our firm.
Icard Merrill’s mobile home and manufactured housing law attorneys are distinctively qualified to assist owners, residents, and others with a park conversion – where the residents opt to purchase the community and form a co-operative for the acquisition. Our firm has successfully represented a number of clients with these conversions, providing counsel for the various legal needs presented upon conversion – including explanation of the conversion process at initial meetings, assistance with negotiation and drafting of the purchase and sale contract, and handling of the acquisition loan and fee transfer closing. We also prepare and obtain approval for the co-operative sales prospectus.
The legal services offered by our land lease, mobile home, and manufactured housing law attorneys extends to the training of residents serving on purchase committees as well as homeowners association boards of directors, and assistance with management company retention. Our mobile home and manufactured housing law practice group is prepared to help clients with the selection of financing sources for a variety of purposes related to the conversion process.
Icard Merrill’s experienced mobile home and manufactured housing law attorneys assist park owners with the preparation and review of park prospectuses, ensuring compliance under Chapter 723, Florida Statutes. The prospectus – which delineates a wide range of community issues including the legal rights and financial obligations of owners and tenants, the common areas and amenities of the park, and other important considerations – is a crucial document with legal and practical implications. At Icard Merrill, we provide comprehensive and knowledgeable advice regarding the park prospectus, ensuring that our land lease, mobile home, and manufactured housing law clients’ legal obligations are satisfied and their interests protected.
For assistance with a conversion, prospectus, or other matters related to land lease, mobile home, and manufactured housing communities, contact us today.